AMP Limited (ASX:AMP – Get Free Report) insider Kathleen Bailey-Lord acquired 28,571 shares of AMP stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average price of A$1.41 ($0.90) per share, for a total transaction of A$40,142.26 ($25,732.21).
AMP Stock Performance
The stock has a market capitalization of $4.43 billion, a P/E ratio of 68.75, a P/E/G ratio of -12.07 and a beta of 0.67. The company has a debt-to-equity ratio of 125.36, a current ratio of 6.68 and a quick ratio of 0.17.
AMP Cuts Dividend
The business also recently disclosed a Final dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, April 2nd will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, February 27th. This represents a yield of 0.7%. AMP’s payout ratio is 133.33%.
AMP Company Profile
AMP Limited provides banking, super, retirement, and advice services in Australia and New Zealand. It operates through AMP Bank, Platform, Master Trust, Advice, and New Zealand Wealth Management (NZWM) segments. The company provides superannuation, retirement, and investment solutions; pension solutions; and SignatureSuper, a retail master trust.
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